Are M&A Lawyers Really Better Than Other Transactional Lawyers at Contract Drafting?

By Robert E. Scott, Stephen J. Choi and G. Mitu Gulati December 7, 2020 by Robert E. Scott

In a series of papers over the past decade, the three of us have studied extensively the persistence of obsolete terms in sovereign debt contracting. (e.g., here, here and here). Our interest was motivated by a puzzling observation: …

Revising Boilerplate in Private Equity and Public Company Contracts: Which Context is Stickier and Why?

By Stephen J. Choi, Robert E. Scott and G. Mitu Gulati November 11, 2019 by Robert E. Scott

Over the past half dozen years, the three of us have written a number of papers on sovereign bond contracts. In the first set of papers, we documented the stickiness phenomenon (the reluctance of lawyers to modify standard contract language …

Hidden Holdouts and the Puzzling Pricing of Collective Rights: An Analysis of the Venezuelan Debt Crisis

By Robert E. Scott, G. Mitu Gulati and Stephen J. Choi August 20, 2018 by Robert E. Scott

The emergence of “activist” investors across a range of markets has been one of the most interesting phenomena of the past few decades (see here, here and here). These investment funds seek to capture rents from their investments …

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Robert E. Scott

Are M&A Lawyers Really Better Than Other Transactional Lawyers at Contract Drafting?

Revising Boilerplate in Private Equity and Public Company Contracts: Which Context is Stickier and Why?

Hidden Holdouts and the Puzzling Pricing of Collective Rights: An Analysis of the Venezuelan Debt Crisis